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AM Green to invest $25 billion for 1 GW AI data centre in UP

January 21, 2026

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Mint New Delhi

AM Green Group (AM Group), owned by Greenko founders Anil Kumar Chalamalasetty and Mahesh Koll, plan to set up a 1 gigawatt data centre in Uttar Pradesh with an investment of about $25 billion.

- Rituraj Baruah & Shouvik Das

AM Green to invest $25 billion for 1 GW AI data centre in UP

The firm has signed an MoU with InvestUP.

(BLOOMBERG)

The company has signed a memorandum of understanding (MoU) with InvestUP, the investment-focused agency of the government of Uttar Pradesh, at the World Economic Forum 2026 in Davos.

“AMG will establish an AI Infrastructure hub in the Greater Noida region in Uttar Pradesh with a total investment of $25 billion,” said a statement by the group.

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